PIMCO Municipal Income Fund III (NYSE:PMX – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Tuesday, November 12th will be paid a dividend of 0.033 per share by the investment management company on Monday, December 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend is Tuesday, November 12th.
PIMCO Municipal Income Fund III has decreased its dividend by an average of 10.5% per year over the last three years.
PIMCO Municipal Income Fund III Trading Up 1.1 %
PMX opened at $8.00 on Friday. PIMCO Municipal Income Fund III has a one year low of $6.76 and a one year high of $8.52. The business’s 50-day simple moving average is $8.10 and its 200-day simple moving average is $7.83.
About PIMCO Municipal Income Fund III
PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax.
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